Florida Ranks Number One


Florida is officially the most desirable place to live! According to a Harris Poll, Florida is at the top of the list among all states touting sunshine and waterfront property as the most prevailing factors. 

And, why not? As any newcomer from the north can tell you, shoveling sunshine sure beats shoveling snow! 

Florida’s real estate led the nation’s rebound with a 12.4% increase in single-family home prices! Real estate inventory is small right now with a slightly more than four-month supply of homes for sale as of October 2015. Economists generally consider a six-month supply a balanced market. First-time buyer programs abound, the economy is strengthening, most loans are at a fixed rate, and at the crux of the matter is that the construction industry is not able to keep pace with the increased demand for housing. 

Ahead in 2016 experts are predicting that Florida’s real estate market will remain strong and home sales should increase 8-10 percent over 2015, as well as home prices increasing by about 5 percent. 

At RE/MAX Flagstaff our dedicated REALTORS® are driven to serve you and committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585.

 

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Saturday, 21 September 2019

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